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EU carbon tax, SAF mandates may divert airline traffic to Switzerland, UK: IATA

The European Union's carbon taxes and mandates for using sustainable aviation fuel are likely to hike operational costs for airlines that may choose to fly instead to nearby countries such as Switzerland, the UK and Turkey, an official from the International Air Transport Association told S&P Global Commodity Insights.
IISD in the news June 7, 2023

Second global plastics meeting makes progress

The second meeting to create a global plastics agreement ended with delegates agreeing to have a draft prepared in six months’ time, despite delays at the outset of negotiations.
IISD in the news June 6, 2023

Don’t Waste $15B Growth Fund on Carbon Capture, Experts Warn Ottawa

Squandering the C$15-billion Canada Growth Fund on carbon capture and storage (CCS) for the oil and gas sector would be a huge mistake, warn experts from the International Institute for Sustainable Development (IISD), arguing that the cash-trapping technology has proved ineffective over decades while better investment options have emerged.
IISD in the news June 6, 2023

EU implements carbon border adjustment policy

The European Union’s Carbon Border Adjustment Mechanism is the beginning of new policies surrounding the global fight against climate change. The International Institute for Sustainable Development, an independent award-winning think tank, states that this policy development is an attempt to tackle emissions-intensive, heavily traded sectors through carbon pricing.
IISD in the news June 5, 2023